Decoding the Balance Sheet and Income Statement

Overview

Learn the composition of the income statement and how to make changes to the balance sheet and P&L (Profit and Loss). In addition, you will learn to identify your contribution to these documents and how to understand and analyse a balance sheet and P&L.

This course will enable you to recognise the content and role of these two financial documents when measuring the impact of your decisions and identifying drivers of profitability.

Learning Objectives

Identify the structure and content of the balance sheet and income statement

Identify each person's role in the balance sheet and the income statement